Chapter 9—Product Concepts
His government toyed with legislation on top salaries in 2004, but then backed off. The ratio of top pay to average wages in the UK was 25:1 in the mid 1980s. It is now close to 100:1. Directors’ salaries in the FTSE 100 rose 28% in 2005, as average earnings rose just 3.7%. Bonuses in the City that year rose 16%. ................
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